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20121225
20121225
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the u.s. currency hits a 20-month high against the yen. investors are keeping a keen eye on how far the dollar will go against the yen. the u.s. currency reached the upper 84-yen level in new york for the first time in 20 months. the dollar hit 84.95 yen at one stage on monday in new york. investors bought the dollar against the yen after liberal democratic party leader shinzo abe said his new government may reach an agreement with japan's central bank on an inflation target. there is speculation the central bank may come under further pressure for monetary easing measures. the dollar/yen is currently trading at 84.82 to 85. >> catherine, the incoming leader abe has even mentioned revising the bank of japan law which adds more pressure onto the central bank of japan. now, a bit of background, the boj decided last week to extend its asset purchase program by 10 trillion yen, but many investors think the bank needs to do more, still. let's go to ramin mellegard who is at the tokyo stock exchange to get a check on how all of this is affecting tokyo markets. ramin, good morning. >> good
afghanistan-u.s. ties ahead of the withdrawal of international combat troops at the end of 2014. >> these are events that we are familiar with. we work very, very closely with our afghan partners. they events that affect both isef and our afghan security force brothers. we continue to work to mitigate them as much as possible. >> the taliban has not claimed responsibility for the shooting in kabul on monday. but the group claims to have placed many infiltrators in the afghan military and police forces to launch attacks on international troops. >>> an archaeological dig in afghanistan unearthed priceless cultural assets. the area is also home to a large copper deposit. researchers are concerned that historic artifacts may be destroyed. nhk world's hideki yui has the story. >> reporter: researchers have found a settlement in mes ayak. their dig site plays within the perimeters of a copper mine and the development of a chinese state owned company. in 2009 the afghan government suspended mining exploration in the area and allowed a french research team to conduct excavations. some o
it will be able to expand sales into the u.s. market. it also wants to sell more into southeast asia. the pipeline goes 2,700 kilometers. oil has been flowing from there to china since 2010. now, the final section has been completed. from there, it can be shipped out. until now, the oil was transported along this last leg by train. that had a limited capacity of 15 million barrels of oil per year. the new pipeline can carry three times that amount. it is part of russia's plan to reduce its reliance on europe, which currently buys about 87% of the country's oil exports. during price talks with europe, russia has also -- often said it would seek other buyers and focus more on asian buyers. >> china's biggest producer of so-called rare earths has suspended output at some of its plants for another month as part of an effort to push up prices. >> rare earths are a group of elements crucial for making high-tech gadgets like smartphones and ipads, and they're mostly found in china, giving producers a handle on the market. and despite that, prices are falling. >> rare earths are, in china, but many minds
Search Results 0 to 2 of about 3